For real estate owners and operators, the cost of commercial property insurance is a key economic driver, but each individual asset has its own set of risks and, as a result, pricing. What are the differentiators used by underwriters to price out a premium? What should owners/operators be ...
Commercial property insurance:Covers your building and its contents, which could include equipment, inventory, fences and outdoor signs. The problems typically covered by the policy include fire, hail, theft and vandalism. Business interruption insurance(also known as business income):Pays for extra e...
were on hand to share their expertise on what property owners need to know about managing insurance claim checks and the claims process. Additional expert insight was shared by Elevations Credit Union’s Liz Million, Senior Vice
Expensing of business assets is usually done by depreciation. Depreciation is a tax-deductible expense on the income statement and is classified as an indirect expense. Depreciation expenses can be deducted over a number of years. They typically include the costs of computers, furniture, property, ...
•Commercial banks offer different types of short-term loans. A secured loan isbacked by collateral, something valuable such as property.An unsecured loan has no collateral backing it.A line of credit is an agreement by a bank to lend a specified amount ofmoney to the business at any time...
An estate plan is comprised of many parts, and it's typically centered around a will. This legal document gives instructions about what will happen to your property after your death, including any bequests that you make for your beneficiaries (typically your family, your friends, and your favo...
As a business owner, the safety and security of your commercial property is of utmost importance. One effective way to ensure the protection of your property is by installing a surveillance camera system. In this blog, we will discuss the importance of having a commercial property surveillance ca...
Captive insurance allows businesses to tailor their insurance policies to meet their unique risk management needs. This can be particularly valuable for companies operating in specialized industries or facing non-traditional risks that may not be adequately addressed by commercial insurance policies. ...
subordinateddebtsecurities,commercialpaperprogramsandotherformsofpreferredstock,aswellasseveralclasses ofsecurities. BasedinPalmBeachGardens,Florida,WeissResearch,Inc.maynotbeaslargeasitscompetitors,butitwas mentionedina1994U.S.GeneralAccountingOfficereportoninsuranceratingsasthemostaccuratingagencyinthe ...
Designation of intended beneficiaries directly on certain accounts:Life insurance, retirement, bank pay-on-death (POD) accounts, and investment transfer-on-death (TOD) accounts pass funds outside of probate. Creation of a living trust:Because property contained in the trust gets distributed to the...